Thursday, July 5, 2012

MVP warned on China energy deal in Spratlys (

there must some kind of pressure on MVP to explore this deal... obviously, it is ill-advised... CNOOC is not a Chevron, ExxonMobil or even Philex Mining, which are all privately-owned entities... CNOOC is a state-owned entity... and, therefore, is expected to dance to the tune of its controlling state... a state which is currently embroiled in an escalating territorial dispute with MVP's home country... would you share your potential riches with a neighbor who just forcefully occupied your backyard and is currently eyeing your front lawn?... it defies all logic and common sense... and MVP is known as a man who has better logic and common sense than most of us...

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